Used as a key intermediate in the synthesis of pharmaceutical compounds, particularly in the development of kinase inhibitors for cancer treatment. Its structure allows for selective modification, making it valuable in creating potent and selective drug candidates. Commonly employed in medicinal chemistry for building heterocyclic frameworks found in bioactive molecules. Also utilized in research settings to explore new therapeutic agents targeting neurological disorders and inflammation, as derivatives of this intermediate can cross biological membranes and interact with central nervous system receptors.